[ad_1] Stock Market News: Domestic benchmark stock indices Sensex and Nifty 50 began Wednesday’s trading session with modest gains driven by ITC stocks, positive global cues and stable inflation data. ITC posted its biggest one-day gain since September 2021, up more than 6% amid reports of a block deal in the company, with British American … Read more
[ad_1] Banks Q3 Results Review: Q3FY24 was marked by continued moderation in revenue growth while reasonable net profit growth for the banking sector amid benign credit costs. Banks achieved 13% year-on-year profit growth during the quarter ended December, led by 11% year-on-year growth in net interest income (NII) and around 45% year-on-year decline in provisions. … Read more
[ad_1] HDFC Bank on Tuesday said RBI has given approval to the group to acquire up to 9.5 per cent stake each in six lenders, including ICICI Bank and Axis Bank. The Reserve Bank of India (RBI) gave its approval on February 5, 2024. The entities under HDFC Bank Group are HDFC Mutual Fund, HDFC … Read more